• Competitive
  • Singapore
  • Permanent, Full time
  • Citibank NA
  • 2018-10-16

Futures Trade Management and Reconciliations Officer

Futures Trade Management and Reconciliations Officer

  • Primary Location: Singapore,Singapore,Singapore
  • Education: Bachelor's Degree
  • Job Function: Operations
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18057044


Description

ETD Trade Management / Reconciliation Officer Role
Description
  • The successful candidate will be reporting to the APAC Head of ETD Trade Management/ Reconcilation.
  • Under Trade Management, the candidate will be responsible for timely management of ETD trade matching, allocation and clearing across a number of APAC Exchanges. Given that this is the first touch area for all client and house trades within ETD Operations, it is crucial that the candidate is highly focused on accuracy, timely risk management as well as diligent follow-up on root cause where failure in the trade flow arises.
  • Under Reconcilation, the candidate will be responsible for production of day to day reconciliations of Citi Books and Records vs multiple CCP memberships and internal omnibus accounts as well as processing and verification of cash movements vs internal and external counterparties
  • There is an expectation that the successful candidate will be driven to learn quickly and become proficient in multiple market procedures in a short space of time. The individual should also demonstrate curiosity and willingness to challenge current processes and suggest changes and improvements to team management to help us constantly improve and evolve.
Key Responsibilities (Trade Management):
  • Matching and allocation across APAC ETD markets
  • Closely monitor and escalate to regional management any trading errors, missing allocations, unaccepted trades between Citi and third-party clearing brokers
  • Management of T+1 exceptions including suspense and client query management
  • Preparation of MIS as required
  • Follow-up and escalation of IT outages to minimize client impact and repeat issues
  • Participation in UAT and system rollout as required
Key Responsibilities (Reconcilation):
  • Production of exchange, 3rd party broker and intercompany reconciliations on a timely basis and reporting of trade, position and cash breaks to minimize the risk exposure to the firm and its clients.
  • Closely monitor and escalate to regional management any trading errors, exchange breaks and ensure that all correcting entries are correctly booked and cleared.
  • Processing of daily funding movements vs internal and external counterparties
  • Supporting the Funding team on daily process
  • Preparation MIS reports & other statements as required


Qualifications

  • Bachelor's Degree, preferably with 2 years of relevant experience